Jiangsu Kunshan imported machine tool equipment high

Machine tool equipment is an essential equipment for the metal products industry, including various metal processing equipment such as milling, turning, drilling, polishing and machining centers, which have high requirements for accuracy and stability. This type of equipment has maintained a high proportion in the import of mechanical and electrical products in Kunshan, with the value of goods accounting for more than 20%. Mainly imported from Japan, South Korea, Thailand, Germany and Taiwan, and a small number from the United States, Switzerland, France.

According to the statistics of Jiangsu Kunshan Inspection and Quarantine Bureau, in the first 4 months of this year, Kunshan imported 481 batches of machine tools, about US$95 million, a record high. Import volume has also increased by 25% compared to the 2008 financial crisis.

Insiders analyzed that as the impact of the financial crisis weakened and the overall macroeconomic situation improved, product demand increased, and manufacturers' orders increased significantly. In addition, the improvement of the financial environment has led to a new round of project investment, and some manufacturers have increased their capital and expanded their plants, resulting in a significant increase in the number of imported machine tools.

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